First National Bank of Lewisville v. Mayberry

Robert J. Gladwin, Judge.

The Columbia County Circuit Court granted First National Bank of Lewisville (“First National”) and Farmers Bank and Trust1 foreclosure on Eddie and Chylene Mayberry’s property when they defaulted on their payments. A foreclosure sale of the acreage portion of the Mayberrys’ property was held, and appellant bought the property. The documents from the sale reflected a purchase price of $86,534.90, which amount would have satisfied the Mayberrys’ debt as to all of their property that was foreclosed upon. When appellant attempted to conduct a sale on the Mayberrys’ home…